UK100 has broken through a support line of a Rising Wedge chart pattern. If this breakout holds true, we expect the price of UK100 to test 6297.9397 within the next 3 days. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.
Related Posts
UK100 – approaching a price line that has been previously tested numerous times in the past
The price of UK100 in heading back to the support area. It is possible that it will struggle…
Supports and resistances are primary concepts of technical analysis. FRA40 is heading for an important price of 7618.0000 – read about what this could mean for the future.
FRA40 is moving towards a support line. Because we have seen it retrace from this level in the…
AUS200 is quickly approaching a very important level it has previously tested numerous times in the past
AUS200 is heading towards a line of 7708.0000. If this movement continues, the price of AUS200 could test…